Chanel Reports 30% Profit Drop in 2024, Doubling Down on Global Expansion
Chanel reports a 30% profit decline in 2024 amid Asia-Pacific slowdown, but reaffirms growth plans with new boutiques and supply ...
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Tag: luxury market
Hermès Posts 8.5% Q1 2025 Revenue Growth, Announces US Price Hike to Offset Tariffs
Q1 Revenue Beats ExpectationsFrench luxury house Hermès reported first-quarter 2025 revenue of €4.13 billion, marking an 8.5% year-on-year increase and ...
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